Mar 8, 2023
Pac-12 commissioner George Kliavkoff still hasn’t inked a new media rights deal — despite eight months of negotiating.
Part of the holdup: The conference will lose its two biggest brands, USC and UCLA, to the Big Ten.
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One source told the Los Angeles Times that the Pac-12 could’ve earned about $200 million more a year than it can expect without them now.
The conference’s current package, which ends in 2024, allows it to send each school between $30 million and $35 million a year from media rights and other conference distributions, according to tax returns.
But the Pac-12 would be lucky to maintain that number in its next deal, despite having to split distributions between fewer members, one source told Front Office Sports.
Source: Front Office Sports